Duke   University  Libraries 

Report. 
Conf  Pam  #502 

lilllllilllllllli 


IE  FLOWEr?S  COLlFtT'ON 


State   Coventiox — Ad.  Ses.]  [November,  1861. 


Ordered  to  be  Printed. 


■•.John  W.  Syme,  Printer  to  the  Convention. 


REPORT  OF  THE  COMMITTEE  ON  THE  ORDI- 
NANCE TO  PROVIDE  FOR  THE  IMMEDIATE 
WANTS   OF   THE   TREASURY. 


The  Committee  to  whom  vas  referred  the  ^^raft  of  an*  "Ordi- 
nance to  provide  for  the  immediate  Avants  of  tlie  Treasury,"' 
and  a  communication  from  the  Governor,  ask  leave  to  report 
that  they  have  had  the  same  under  consideration,  and  are  of 
opinion  that  the  said  Ordinance  ought  not  to  pass,  but  that, 
instead  thereof,  another  Ordinance  whicli  accompanies  this 
report,  as  a  part  of  it,  ought  to  be  passed. 
Respectfully  submitted, 

THOMAS   RUFFIN, 
Nov.  27th,  18G1.  •  Chairman. 

AN  ORDINANCE  TO  PROVIDE  FOR  THE  RAISING 
OF  MONEY  FOR  THE  SUPPORT  OF  GOVERN- 
i\[ENT  AND  FOR  THE  ISSUE  OF  TREASURY 
NOTES  FOR  THE  PURPOSE  OF  PAYING  THE 
PUBLIC  DEBT,  AND  PURCHASING  SUPPLIES  FOR 
THE  MILITARY  FORCES  EMPLOYED  FOR  DE- 
FENCE IN  THE  PRESENT  WAR,  AND  FOR  OTHER 
PURPOSES. 

L   B(  if  ordaiiti'J,  That  the  Public  Treasurer  is  authorized 
-  to  issue  Treasury  notes  for  such  sums,  uot  exceeding,  at  any 


2  State  Convention.  [Nov., 

3  one  time,  tliree  millions  of  dollars,  as  the  exigencies  of  the 

4  public  service  may  require,    beforQ  or  on  the  first  day  of 

5  January,  1863 ;  and  the  said  notes  shall  be  prepared  and 

6  signed,  and  issued  as  hereinafter  provided. 

2.  Be  it  further  ordained^  That  the  Public  Treasurer  cause 

2  the  said  notes  to  be  prepared,  and  that  they  shall  b(#signed 

3  by  the  Public  Treasurer,  on  behalf  of  the  Staie,  and  coun- 

4  tersigned  by  the  Comptroller ;  and  each  of  those  oJDEicers 

5  shall  keep,  in  proper  books,  separately,  accurate  accounts, 

6  showing  the  number,  date,  and  amount  of  each  of  the  said 

7  notes,  signed  and  countersigned  by  them  respectively,  and 

8  also  accounts  showing  all  and  each  of  said  notes  as  may  be 

9  paid  or  redeemed  and  cancelled  from  time  to  time.     And  the 

10  said  Treasurer  shall  account,   monthly,   for  all  such  of  said 

11  notes  as  shall  have  been  countersigned  by  the  Comptroller 
13  and  delivered  to  the  Treasurer  for  issue. 

3.  Be  it  further  ordained,   That  the  said  Treasury  notes 

2  shall  be  payable  at  the  Public  Treasury  to  the  bearer  on  the 

3  first  day  of  January,  1865,  and  bear   interest  from  date, 

4  at  the  rate  of  one  cent  and  sixty-four  hundreths  of  a  cent, 

5  per  diem,  for  every  hundred  dollars,  and  in  that  proportion 
G  for  sums  greater  or  less  than  one  hundred  dollars ;  and  the 

7  said  notes  shall  be  of  the  several  denominations  of  five  dol- 

8  lars,  ten  dollars,  twenty  dollars,  fifty  dollars,  one  hundred 

9  dollars,  and  two  hundred  dollars,  and  in  the  following  pro- 

10  portions :  that  is  to  say — notes  for  five  dollars,  ten  dollars, 

11  and  twenty  dollars,  the  amount  of  four  hundred  thousand 

12  dollars  of  each  denomination  shall  be  issued;  and  notes  for 

13  fifty  dollars  to  the  amount  of  eight  hundred  thousand  dol- 

14  lars ;  and  those  for  one  hundred  dollars,  and  for  two  hun- 

1 5  dred  dollars,  to  the  amount  of  five  hundred  thousand  dollars 

16  of  each  denomination  ;  and  in  the  course  of  the  issuing  of 

17  said  notes  from  time  to  time,  the  said  relative  proportions 

18  shall  be  observed  as  near  as  may  be. 

4.  Be   it    further   ordained,   That  the  principal    money 
2  and  the  interest  due  on   the    said   notes  shall  be  paid  at  the 


1861.]  State  Convention.  3 

3  maturity  thereof,  to  the  several  lawful  holders  thereof,  upon 

4  presentment  at  the  Treasury'-,  and  of  any  money  in  the  Treas- 

5  ury  not   otherwise   appropriated ;    and    further,  that  at  any 
G  time  or  times  before  the  maturity  of  said  notes,  the  Treasurer 

7  may  give  notice    in   two    newspapers  printed  in  Raleigh,  of 

8  his  readiness  to  pay  the  same,  or  any  class  or  denomination 

9  of  said  notes,  or  any  certain  part  thereof,  and  the  interest 

10  shall  close  on  the  notes  designated  in  such  notice  at  the  ex- 

11  piration  of  forty  days  after  such  notice  given. 

5.  Bi'  it  further  ordained,    That   the    said  notes  may  be 

2  issued  by  the  Treasurer  in  payment  of  any  warrant  in  favor 

3  of  public  creditors,  or  for  the  purpose  of  paying  military  of- 

4  ficers  and  troops  in  service,  or  for  the  purpose  of  supplies 

5  for  such  troops,  and  for  the  payment  of  coupons  upon  any 
(3  bond  or  bonds  hitherto  given,  or  hereafter   to  be  given,  or 

7  foran3'  other  demand  upon    the   Treasury,  by  persons  ti^io 

8  may  be  willing  to  receive  the  same  in  payment  at  par  ;    and 
n  the  Public  Treasurer  may  also  borrow  money  from  time  to 

10  time  upon  the  credit  of  said  notes  as  the  public  service  may 

11  require,  not  exceeding  the  said  sum  of  three  millions  of  dol- 

12  lars :    Provided,    That  upon  such  loans  interest  shall  not  be 

13  charged  or  paid  at  a  greater  rate  than  six  per  cent,  per  an- 

14  numn,  and  further,  that  no  Treasury  notes  shall  be  pledged, 

15  nor  shall  they  be  sold  or  issued  for  any  purpose  for  less  than 

16  the  amount  due  on  the  same,|including  interest  accrued  there- 

17  on,  if  any. 

6.  Be  it  further  ordained,   That  the  said  Treasury  notes 

2  shall,  at  any  time  or  times  hereafter,  be  receivable  at  the 

3  Treasury  in  payment   for   land  entered   and  for  taxes,  and 

4  any  debt  to  the  State,  at  the  Treasury,  and  in  making  such 

5  payment,  the  holder    shall   have    credit   for   the    principal 

6  money  mentioned  in  said   note,  and  the  interest  accrued 

7  thereon,  up  to  the  day  of  payment ;  and  accounts  shall  be 

8  kept,  as  aforesaid,  of  the  notes  thus  paid  or  redeemed,  dis- 

9  tinguishino;  the  sum  allowed  for  interest  from  the  principal. 


4  State  Convention.  [Nov., 

7.  Be  it  further  ordained,    Tliat  the  said  Treasury  notes 

2  be  received  by  Sheriffs  and  other  collecting  officers  in  pay- 

3  ment  of  the  public  taxes  in  their   respective    counties,    and 

4  the  said  officers,  so  receiving  any  of  the  said  rotes  shall,  at 

5  the  time  of  payment,  take  from  the  person  paying  them,  a 

6  receipt  on  the  back   of  each  note  for  the  amount   allowed 

7  therefor,  and  the  date  thereof,  and  such  officer  shall  keep  a 

8  distinct  and  specific  account  of  said  notes  so  received  in  pay- 
0  ment,  showing  the  person  from  whom  it  was  received,  the 

10  number  and  date,  the  day  on  which  he  received  them,  and 

11  the  amount  of  the  principal  and  also  the  interest  allowed  by 

12  him  ;   and  he  shall,  thereupon,  and  on  his  oath  to  the  truth 

13  of  said  account,  receive  credit  for  the  amount  thereof. 

8.  Be  It  fiirtJier  ordained,   That  the  holders  of  the  Treas- 

2  ury  notes,  issued  under  the  authority  of  this  ordinance,  may 

3  have  the  same  funded  by  the   request  to  the   Treasurer  to 

4  give  him  m  exchange  for  them,  bonds  of  the  State,  payable 

5  in  thirty  years,  at  the  Public  Treasury,  and  bearing  at  the  rate 

6  oisix  per  cent,  per  annum  payable  half  yearly,  with  coupons 

7  attached  for  the  interest,  payable  also  at  the  Treasury  :  Provi- 

8  dcd,  hoiv-ever,  That  such  bonds  shall  be  issued  for  the  amount, 

9  of  five  hundred  dollars  and  one  thousand  dollars  only  ;    and 

10  provided,  further,   That  upon  application  for  such  exchange, 

11  the  interest  upon  the  Treasury  notes  shall  be  calculated  up  to 

12  the  first  day  of  January,  or  April,  or  July,  or  October  next, 

13  preceding  the  request  for  such  exchange,  as  the  case  may 

14  be,  and  the  interest  on  the  bonds  given  in  exchange  shall  run 

15  from  the  day  to  which  the  interest  on  the  notes  was  allowed. 

16  And  of  the  notes  received  by  the  Treasurer,  and  of  the 

17  bonds  given  in  exchange  therefor,  full  and  accurate  accounts 

18  shall  also  be  kept  as  aforesaid ;  and  the  Public  Treasurer  is 

19  authorized  and  required  to  issue  such  coupon  bonds,  agreea- 

20  bly  to  the  provisions  of  the  ninetieth  chapter  of  the  Revised 

21  Code,  subject  to  the   restrictions   and   modifications  herein 

22  provided. 


1861.]  State  Convention.  5 

9.  Be  it  further  ordained,    That  the   Treasury  notes  so 

2  received  at  the  Treasury,  fromS  heriffs  and  others,  as  afore- 

3  said,  shall  not  be  re-issued,  but  shall  be  deemed  to  be  paid, 

4  and  be  cancelled ;    and  other    Treasury  notes,  to  the  same 
G  amount  and  of  the  same  denominations,  and  payable  at  the 

7  same  time  and  place,  with  the  same  rate  of  interest,  may,  in 

8  like  manner,  be  issued  in  the  place  of  those  so   redeemed : 
0   Provided,  nevertheless,   That  the  aggropjate  amount  of  said 

10  notes  outstanding  at  any  one  time,  and  of  the  bonds  given 

11  in  exchange  for  notes  as  aforesaid,  shall  not  exceed  the  said 

12  sum  of  three  millions  of  dollars  of  principle  money. 

10.  Be  it  further  ordained,   That  the  act  of  the  General 

2  Assembly,  entitled  "  An  act  to  authorize  the  Public  Trcasu- 

3  rcr  to  issue  Treasury  Notes,"   ratified  the  20ih  day  of  Sep- 

4  tember,  18G1,  be  and  the  same  is  hereby  repealed  and  annulled. 

11.  Be  it  further  ordained.  That  if  any  person  shall 
2  falsely  make,  forge  or  counterfeit,  or  cause  to  be  made, 
o  forged  or  counterfeited,  any  note,  bond  or  coupon,  in  imita- 

4  tion  of,  or  purporting  to  be  a  Treasury  note  or  bond  or  cou- 

5  pon,  made  or  issued  by  authority  of  this  Ordinance,  or  shall 
«3  aid  or  assist  tlicrein,  with  intent  to  defraud  the^tate,  or  any 

7  corporation  or  person  or  persons,  he  or  she,   so  offendin<T, 

8  shall  be  deemed  guilty  of  felony,   and  on    due  conviction 
y  thereof,  shall  be  adjudged  to  stand  in  the  pillory  one  hour 

10  and  receive  thirty-nine  lashes  on  the  bare  back,  and  be 

11  imprisoned   not  less  than  six  months  nor  more  than  three 

12  years,  and  be  fined;  and  in  the  discretion  of  the  court,  all  or 

13  any  of  the  said  punishments  may  be  inflicted. 

12.  Be  it  further  ordained.  That  if  any  person  for  the 
2  sake  of  gain,  or  with  the  intent  to  injure  or  defraud  the  State, 
8  or  any  corporation,  or  any  person  or  persons,  shall  either 

4  directly  or  indirectly,  alter  or  publish  any  false,  forged  or 

5  counterfeit  note,  bond   or  coupon,  as  mentioned  in  the  pre- 

6  ceding  section ;  or  shall  pass  or  deliver,  or  attempt  to  pass 

7  or  deliver  the  same  to  any  other  person,  knowing  the  same 

8  to  be  falsely  forged  or  counterfeited,  he  or  she,  so  offending 


6  State  Convention.  [Nov., 

0  shall,  on  due  conviction  thereof,  be  punished  in  like  manner  as 

10  is  provided  in  the  preceding  section  of  this  Ordinance. 

13.  Be  it  farther  ordained,  That  this  Ordinance  may  be 

2  altered  or  modified  by  the  General  Assembly,  but  not  so  as 

8  to  impair  the  obligation  of  the  said  notes,  bonds  or  coupons, 

4  actually  issued  under  the   authority  of  this  Ordinance,  and 

5  then  held  by  any  person  or  persons. 


1861.]  State  Convention. 


STATE   OF   NORTH   CAROLINA,  ) 

Executive  Department,  Raleigh,  Nov.,  18G1.     \ 

Hon.  Weldon  N.  Edwards, 

President  of  the  Convention : 

Sir:  In  compliance  with  a  request  of  a  committee  appointed 
by  the  Convention  to  inquire  into  the  condition  and  wants  of 
Treasury,  I  have  the  honor  to  communicate  statements  of  the 
estimated  expenditures  of  the  State,  botli  for  the  war  and  for  ordi- 
nary purposes,  until  January,  1863. 

This  statement  will  show  a  very  large  estimate  in  the  Quarter 
Master's  Department  for  the  purchase  of  clothing  for  the  sol- 
diers in  the  Confederate  servcie,  as  well  as  of  the  State.  This 
properly  belongs  to  the  Confederate  Government,  but  tlic  great 
and  extended  difficulties  Avhich  now  embarrass  that  government, 
necessarily  devolves  this  indispensable  duty  on  the  State  Gov- 
ernment. But  arrangements  have  been  made  by  which  the 
State  is  to  receive  in  return  for  the  clothing  furnished,  the  com- 
mutation therefor,  due  from  the  Confederate  Government,  accord- 
ing to  the  Act  of  Congress. 

As  the  clothes  thus  furnished  will  necessarily  cost  more  than 
the  commutation,  from  the  enhanced  price  of  every  thing  now 
in  market,  there  is  little  doubt  that  most  of  the  regiments  of  the 
State  will  avail  themselves  of  this  arrangement,  and  look  to  the 
Strte  for  this  indispensable  want. 

In  our  present  embarrassments — cut  oft"  from  all  trade  and 
supply  from  other  governments,  and  restricted  to  our  own  re- 
sources, so  unexpectedly  and  in  such  heavy  demands,  this  duty 
of  providing  for  so  vast  an  army  imposes  a  most  onerous  task 
both  on  the  State  and  Confederate  Governments.  Under  ordi- 
nary circumstances,  the  duty  of  clothing  the  soldiers  would  devolve 
directly  upon  the  Confederate  Government,  but  the  war  in  which 
we  are  engaged  to  maintain  our  independence  and  self-govern- 
ment, has  so  rapidly  assumed  such  gigantic  proportions,  and  is 


8  State  Convention.  [Nov., 

prosecuted  under  such  unusual,  unexpected  and  embarrassing 
difficulties  to  our  new  government,  that  the  burden  of  supplying 
both  food  and  clothing  to  the  troops,  must,  to  a  great  extent, 
devolve  on  the  State  Government  in  the  first  instance,  and  wg 
must  look  to  the  Confederacy  for  ultimate  reinbursement. 

The  estimate  for  the  purchase  of  food  must  be  made  for  the 
ensuing  year,  as  the  supplies  now  laid  in  have  to  extend  through 
that  period.  Besides  the  formation  of  new  regiments,  and  of 
camps  in  dificrcnt  parts  of  the  State,  which  must  necessarily  be 
supplied  from  our  own  means,  if  there  should  be  an  attack  on 
our  coast,  or  an  invasion  of  our  soil,  wc  should  be  compcUcd  to 
supply  and  accommodate  a  much  larger  force,  and  il  the  militia 
should  be  called  into  active  service,  we  must  be  prepared  for 
their  subsistence. 

Another  heavy  item  of  expenditure  will  arise  during  the  next 
year  upon  the  organizations  of  new  regiments  to  succeed  those 
which  will  expire  during  the  year  ;  for  whether  "they  re-enhst,  or 
new  regiments  are  fromed,  they  will  alike  be  entitled  to  bounty 
and  a  new  equipment. 

The  term  of  more  than  twenty  regiments  enlisted  for  twelve 
months,  will  expire  during  the  next  year,  and  to  reorganize 
the  same  number  Avill,  in  bounty  and  equipment,  exceed  $500,- 
000,  which  the  State  must  make  from  her  own  funds,  without 
any  return  from  the  Confederate  Government.  This  great 
expense  arises  from  receiving  enlistments  for  so  limited  a  time, 
and  economy  and  good  policy  would  indicate  that  the  term  of 
service  should  be  extended. 

The  foregoing  considerations  suggest  the  necessity  of  the 
most  ample  supply  of  provisions,  and  contracts  must  be  made 
for  them  promptly  or  not  at  all.  Difficulties  which  are  well 
knoAvn  to  exist,  imperatively  require  these  heavy  disbursements 
for  food  and  clothing  to  be  made  during  the  present  season. 

Thesp  estimates  are  made  to  the  Convention  with  the  convic- 
tion on  my  mind,  that,  while  they  cannot  be  relied  upon  with 
exact  and  absolute  certainty  in  detail,  they  approach  so  nearly 
the  true  sum  which  Avill   be  required  for    the    calls   upon   the 


1861.]  State  Convention.  9 

Treasury  during  the  time  indicated,  as  to  authorize  me  in  ask- 
ing your  necessary  aid  in  providing  the  ways  and  means  to  meet 
the  demands,  and  secure  this  amount  to  the  Treasury. 

The  amount  estimated  to  be  received  from  the  current  rev- 
enue of  the  coming  year,  which  will  probably  reach  $800,000, 
will  only  be  paid  into  the  Treasury  in  October  next.  The 
banks  have  l)eeii  lilioral  in  their  loans  to  the  State,  but  they 
now  inform  us  that  a  prudent  caution,  a)id  the  safety  of  their 
own  currency,  re<iuire  them  to  withhold  further  loans  to  the 
State.  In  this  condition  of  the  Treasury,  we  are  compelled  to 
rely  upon  the  crciJit  of  the  State,  either  through  the  sale  of 
State  Bonds,  or  the  use  of  Treasury  notes. 

The  Treasurer  of  the  State  is  now  issuing  the  latter  in  de- 
nominations of  one  and  two  dollars,  and  with  all  the  means  he 
can  bring  for  this  purpose,  it  is  very  manifest  that  this  reliance 
will  prove  entirely  inadeqtiate  to  the  wants  of  the  Treasury  for 
any  period  of  the  war,  much  less  until  the  1st  of  March  next  : 
Avhen,  by  an  ordinance  of  your  body,  passed  on  the  28th  June 
last,  the  Treasurer  was  authorized  to  issue  Treasury  notes  of 
larger  denominations. 

The  estimates  herewith  submitted  are  based  upon  the  suppo- 
sition that  the  war  is  to  continue  and  be  prosecuted  with  a  vig- 
or and  energy  worthy  of  the  noble  and  sacred  cause  in  which 
we  are  engaged,  and  with  all  the  resources  of  our  people,  till 
our  independence  is  established  on  a  sure  and  lasting  founda- 
tion. I  heave  the  honor  to  be,  Sir, 
Most  respectfully,  your 
Obcdiant  Servant, 

HENRY  T.  CLARK, 

Governor  ex  officio. 


10  State  CoNVE^'TION.  [Nov., 

TOTAL  AGGREGATE  OF  ESTIMATES  FOR  THE  CIV- 
IL AND  MILITARY  DEPARTMENTS  OF  NORTH 
CAROLINA,  ACCORDING  TO  ACCOMPANYING 
PAPERS,   MARKED   A  AND  B. 

Estimated  disbursements  from  the  Public  Treasurer,  as  in 
paper  A  : 

Annual  payment  of  civil  list,  $166,483 

Coupons  and  State  interest,    (loans 
and  bonds,)  956,190 

—  $1,122,631 

Military  Department,  paper,  marked  B 

Ordnance  Department,  350,000 

Q.  M.  and  P.  M.  Departments,  1,300,000 

Subsistence  Department,  387,000 

153,037,000 

Estimated  for  Surgeon-General,  30,000 

Grand  total,  $3,180,631 


1861.] 


State  Convention. 


11 


A. 


ESTIMATED  DISBURSEMENTS  FROM  THE  PUBLIC 
TREASURY,  FROM  NOVEMBER  15tii,  1861,  TO 
JANUARY   1st,    1863. 


Executive  Department, 

Jan.  1, 1862,  |;825 
Apr.  1,     "       825 
July  1,     "       825 
Oct.  1,     «       825 
Jan.  1,  1863,  825 

1 
$   4,125  00 

Treasury  Department, 

Jan.  1,  1862,  $687 

50 

Apr.  1,     "        687 

50 

; 

July  1,     "        687 

50 

i 

Oct.   1,     "       687 

50 

1 

Jan.  1,  1863,    687 

50 

3,4.37  50 

Comptroller's  Depar't, 

Jan.  1,  1862,  $250 
Apr.  1,     "        250 
July  1,     "        250 
Oct.  1,     "        250 
Jan.  1,  1863,    250 

1,250  00 

State  Department, 

Jan.  1,  1862  $200 

Apr.  1,     ''        200 

July  1,     "        200 

Oct.  1,     "        200 

.Tan.  1,  1863,    200 

1,000  00 

Sup.  Pub.  Buildings, 

Jan.  1,  1862,  $65 
Apr.  1,     "        65 
Julv  1,     "         65 
Oct.    1,     "         65 
Jan.   1,  1863,     65 

Judiciary,     -         -         -         - 
Convention  estimated  one  month, 
General  Assemblv, 


325  00 
46,000  00 
12,000  00 
60,000  00 


12 


State  Convention. 


[Nov., 


Geological  Survey, 


Jan.  1,  1862,  $1,125" 

Apr.  1,     "  1,125 

July  1,     "  1,125 

Oct.  1,     '^  1,125 

Jan.  1,  1863,  1,125 


Public  Printing  (rough  estimate,) 
Distributing  Laws, 
Sheriffs,  for  settling. 
Governor's  election, 
Presidential  election, 
Senatorial  election, 
Library, 

Agricultural  Societies, 
Pensions, 
Public  arms. 
Council  of  State, 
Post  Office  expenses, 

Contingencies  (including  engraving  Treasury  Notes,j 

signing,  &c.  I 

Int.  on  Keg'd.  B'ds,  Jan.  1, 1862,  $  9,930  15' 

"     "  Coupon    "        '•    1,     "  168,819  00 

July  1,     "  168,819  00; 

"     1,     "  9,930  15; 

Jan.  1,1863,  168,819  00| 

"     1      "  9  930  15! 

April  i,  1862,  93^936  Ooj 

Oct.  1,      "  93,936  00^ 

"     "      "         "  $300,000,  Ap'l  1,  '62,  9,000  OOi 

"      u         u  a  u  a      u     u      Q^QOO  OOJ 

«  "       "         "  §500,000,  A'll, '62,  15,000  OO! 

"  "       «         "         "         Oct.l,  "     15,000  OOi 

"  "       "         "  .$68,000,  Ap'l  1,  "       2,040  00 

"  "       "         "        "         Oct.  1,  "       2,040  00 

«  on  tem'ry  loans  (est'd)  $180,000,    956,199  45 

Es'ed  disb'ments  from  Nov.  15,  '61,  to  Jan.  1, '63, 


"  Reg'd. 
"  Coupon 
"  Reg'd. 
"  Coupon 


5,625  00 

9,000  00 

1,000  00 

1,900 

1,300 

2,500 
300 
750 

2,500 
270 
300  00 
500  00 
350  00 

12,000  00 


00 
00 
00 
00 
00 
00 
00 


1122,631.95 


There  is  due  at  sundry  times  in  1862  the  principal  of  $130,- 
000  of  registered  bonds,  which  are  not  in  the  above  estimate, 
as  it  may  be  supposed  they  will  be  redeemed  by  the  Sinking 
Fund.  *  W.  R.  RICHARDSON, 

Nov.  21st,  1861.  Chief  Clerk  of  Treas. 


1861.] 


State  Convention. 


to 


B. 


r.ENERAL  ESTIMATE  OF  FUNDS  REQUIRED  FOR 
N.  0.  TROOPS,  FOR  AR^SIS,  EQUIPMENTS,  &c.,  FOR 
THE  YEAR  1862. 


Ordnance. 

! 

For  Arms, 

300,000 

''    Ammunition.    Cloaninp:   and   Repairing 

Arms, 

.50,000 

350,000 

Quartermaster  and  Paymaster's  Depart- 

■ 

ment. 

■ 

For  Horses  for  Col.  Spruill's  Regiment, 

50,000 ; 

"    Horse  Equipments, 

15,000 : 

"    Wagons  and  Ilarness, 

8,000' 

"   Tents  for  5000  men, 

25,000 

Knapsacks,    haversacks,    camp    kettles,  | 

mess-pans,     canteens      anil      straps,  !  _ 

spades,  axes,  pick-axes,  hatchets,  kc,    25,000 

Fuel,  10,000 

Forage  for  Quartermaster's  Department.      «'),000| 

"      for  officers'  horses,  5  regiments,  i     5,000i 

Bed  sacks  and  straw,  !     5,000! 

Drums,  fifes,  colors  and  stationery,  1,000 

Clothing  for  20,000  men  for  6  months,     800,000| 

Transportation  and  incidental  expenses,  200,000 

Bounty  and  pay,  150,000  1 300,000 


14 


State  Convention. 


[Nov.,  1861. 


Subsistence 

Department 

, 

For  Beef, 

75,000 

'    Bacon, 

200,000 

"   Flour, 

60,000 

'    Peas, 

2,000 

'   Rice, 

4,000 

"    Sugar, 

22,000 

'    Vinegar, 

5,000 

'    Candles, 

7,000 

'    Soap, 

9,000 

'   Hospital  Stores, 

5,000 

"    Salt; 

M. 

P. 

]\I. 

,  and 

Sub. 

Depart's 

8,000 

387,000 

Total  Orel.,  Q. 

2  037,000 

There  is  on  hand  about  one  humlred  thousand  dollars  worth 
of  clothing  and  material,  which  will  be  used  before  the  end  of 
the  year. 


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